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November 17, 2015
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Americas: Incentive Travel: Where it’s Headed in 2016


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Photo by Freeimages.com/Sufi Nawaz

For the past eight years, the Incentive Research Foundation has surveyed incentive industry professionals on a regular basis to assess their outlook on incentives in the near term and to identify longer-term trends. The IRF’s Fall Pulse Survey 2015 finds good news: budgets are up, lead times are growing, destinations are farther afield. Here are some of the numbers:

• Two-Thirds Boosting Budgets

67 percent of respondents said they are increasing their incentive travel budgets for 2016. Here’s how that translates to per-person spending: 36 percent will spend more than $4,000 per person in 2016; 29 percent will spend between $3,000 and $4,000 per person; and 30 percent of respondents will spend between $2,000 and $3,000 per person. 


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